North European Oil Royality Trust (NYSE: NRT)

NRT Technical Analysis

5

As on
8th Dec 2016 NRT Share Price closed @
6.41 and we RECOMMENDStrong Sell
for LONG-TERM with Stoploss of
8.17 &
Strong Sell for SHORT-TERM with Stoploss of
7.32
we also expect STOCK to react on Following IMPORTANT LEVELS.

North European Oil Royalty Trust, a grantor trust, holds overriding royalty rights covering gas and oil production in concessions or leases in the Federal Republic of Germany. It holds these rights under contracts with German exploration and development subsidiaries of ExxonMobil Corp. and the Royal Dutch/Shell Group of Companies. The company holds royalty rights for the sale of gas well gas, oil well gas, crude oil, distillate, and sulfur. North European Oil Royalty Trust was founded in 1975 and is based in Red Bank, New Jersey.

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